HomeCVU • NYSEAMERICAN
CPI Aerostructures, Inc.
$3.25
After Hours:
$3.13
(3.69%)-0.12
Closed: Oct 18, 4:08:03 PM GMT-4 · USD · NYSEAMERICAN · Disclaimer
StockUS listed securityUS headquartered
Previous close
$3.16
Day range
$3.18 - $3.30
Year range
$2.15 - $3.55
Market cap
42.37M USD
Avg Volume
33.50K
P/E ratio
2.35
Dividend yield
-
Market news
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
20.81M1.28%
Operating expense
2.78M-1.09%
Net income
1.41M21.85%
Net profit margin
6.7820.43%
Earnings per share
EBITDA
2.44M27.60%
Effective tax rate
19.50%
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
1.94M-37.13%
Total assets
70.22M16.87%
Total liabilities
46.10M-13.39%
Total equity
24.12M
Shares outstanding
13.04M
Price to book
1.70
Return on assets
8.30%
Return on capital
12.52%
Net change in cash
(USD)Jun 2024Y/Y change
Net income
1.41M21.85%
Cash from operations
-591.68K-3,265.48%
Cash from investing
-155.25K-886.32%
Cash from financing
-334.44K62.16%
Net change in cash
-1.08M-17.89%
Free cash flow
-1.44M-189.73%
About
CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York. CPI's primary customers are the US Department of Defense, and also operating as a subcontractor under Boeing and Northrop Grumman. CPI is traded on NYSE American as CVU. The company has approximately 280 employees and hires temporary employees as needed. The CEO is Douglas J. McCrosson. After Vincent Palazzolo resigned in November 2019 in a cloud of financial problems, Dan Azmon was announced as CFO on November 19, 2019. Azmon resigned in February 2020 and the company announced it would restate its books going back to March 2018. In 2018, CPI Aero reported $83.9 million in gross revenue, $18.1 million in gross profit, and net income of $2.2 million. Approximately half that was in government subcontracts, another 40% in commercial contracts, and the remainder under prime government contracts. Wikipedia
Founded
Jan 1980
Employees
203
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